The First National Bank of St. Ignace
St. Ignace, MI
IDRSSD: 381950
Total Assets
$364.78M
Latest filing
Total Deposits
$348.15M
Latest filing
Net Interest Margin
2.40%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
The First National Bank of St. Ignace
132 N State St
St. Ignace, MI 49781
Full Service - Brick and Mortar
Updated 11/14/2025Established 05/17/1888FDIC Certificate 3388
Branches (6)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| The First National Bank of St. Ignace (Main) | 132 N State St | St. Ignace, MI |
| CEDARVILLE BRANCH | 192 South Meridian Street | Cedarville, MI |
| MACKINAC ISLAND BRANCH | 7399 Market St | Mackinac Island, MI |
| WEST MACKINAC BRANCH | W11635 Us Highway 2 | Naubinway, MI |
| NORTH BAY BRANCH | 580 N State St | St. Ignace, MI |
| NEWBERRY BRANCH | 1014 Newberry Ave | Newberry, MI |
| MORAN TOWNSHIP BRANCH | 920 Us Highway 2 W | Saint Ignace, MI |
Showing 6 of 6
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, national (federal) charter, Fed member, and supervised by the OCC |
| Primary Regulator | OCC |
| Established Date | 05/17/1888 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 49781 |
| State and County Number | 26097 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 09 |
| Numeric code | 3 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Chicago |
| Core Based Statistical Area Name | N/A |
Operational Info
| Number of Employees | 57 |
| Domestic Offices | 7 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 10/09/2022 |
| Date of Deposit Insurance | 01/01/1934 |
| Primary Insurance Agency | DIF |
| Website | www.fnbsi.com |
| Data Updated | 11/14/2025 |
| CERT | 5074 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $364.78M |
| Total Deposits | $348.15M |
| Total Liabilities | $349.33M |
| Total Equity Capital | $15.45M |
| Net Income | $194.00k |
| Net Loans and Leases | $102.64M |
| Assets Per Employee ($Millions) | $6.4M |
| Bank Premises and Fixed Assets | $1.43M |
| Cash and Balances due from Depository Institutions | $81.98M |
| Deposits Held in Domestic Offices | $348.15M |
Key Performance Ratios
| Return on Assets (ROA) | 0.23% |
| Return on Equity (ROE) | 5.4% |
| Net Interest Margin | 2.4% |
| Efficiency Ratio | 89.64% |
| Tier 1 Risk-Based Capital Ratio | 16.418% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 4.235% |
| Earning Assets to total Assets | 93.44% |
Income and Expense
| Total Interest Income | $2.76M |
| Total Noninterest Income | $381.00k |
| Total Interest Expense | $856.00k |
| Total Noninterest Expense | $2.05M |
| Net Interest Income | $1.91M |
| Pre-tax Net Operating Income | $237.00k |
| Provision for Credit Losses | $0 |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $0 |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $1.18M |
| Total Liabilities and Capital | $364.78M |
Securities
| Securities | $164.08M |
| Available-for-sale debt securities | $164.08M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of The First National Bank of St. Ignace?
$364.78M as of the latest filing.
How much are The First National Bank of St. Ignace's total deposits?
$348.15M in total deposits.
Where is The First National Bank of St. Ignace located?
St. Ignace, MI.
What is the Net Interest Margin?
2.40%.
How many domestic offices does it operate?
7.
When was it established?
05/17/1888.
What is the Return on Assets (ROA)?
0.23%.
How much are total loans and leases?
$102.64M (latest filing).
What is the total interest income (latest filing)?
$2.76M.